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Web3
Web3, or Web 3.0, represents the next generation of internet technology, integrating blockchain and cryptocurrencies into everyday online interactions. It's a decentralized online ecosystem where users have control over their data and transactions. Web3 is powered by blockchain networks, providing transparency, security, and trust. It's a key concept in the crypto world, involving various people, from developers and investors to everyday users. Companies are leveraging Web3 to create decentralized applications (dApps), offering users new ways to interact online. Crypto exchanges play a crucial role in Web3, facilitating the trading of digital assets and tokens that fuel the ecosystem. Web3 represents a paradigm shift, offering opportunities for investment, innovation, and the potential to reshape the internet.
Web3 Explained in Simple Terms
Alchemy's protocol specialist Jason Windawi answers some rapid fire questions from CoinDesk's Jennifer Sanasie about the biggest risks in Web3, explaining the next generation of the internet in simple terms and the real world use cases.
NFTs Are 'Not Dead,' Alchemy's Protocol Specialist Says
Alchemy's protocol specialist Jason Windawi joins "First Mover" to discuss Alchemy’s latest Web3 development report, which highlighted Solana gaining momentum and EVM development activity rising. Windawi also explains why he thinks non-fungible tokens (NFTs) are not dead. "I think NFTs are one of the most interesting spaces," Windawi said.
Chris Dixon Talks Techno-Optimism, Permissionless Innovation and the Need for Crypto
The renowned a16z VC talks to Daniel Kuhn about his new book, “Read Write Own: Building the Next Era of the Internet.”
Web3 Payments Firm Transak Joins Visa Direct to Streamline Crypto-to-Fiat Conversion
The deal allows the Web3 payments infrastructure provider's users in over 145 countries to easily convert crypto into local currencies.
Digital Asset Platform Web3Intelligence Raises $4.5M Ahead of New Token Rollout
The private funding round included participation from DAO MAKER, Shima Capital, and Gate.io among other investors
Japanese Lawmakers Want To Carve Out New Web3 Policies: CoinDesk Japan
"We would like to grasp the current situation in areas other than decentralized autonomous organizations and identify new important points for policy," Congressman Hideto Kawasaki said.
'One-Stop Station' Digital Identity Service Root Protocol Raises $10M Seed Funding
The funding rounds, which gave Root a $100 million valuation, were led by Animoca Brands and included contributions from a slew of other notable investors
Magic Leap Execs Believe Metaverse Needs to Focus on Real-World: Report
The Mixed Reality company has raised nearly $4 billion, as metaverse tokens post short term gains
Making Sense of Web3’s Burgeoning AI Ecosystem
Although the intersection of Web3 and AI has great potential, there is a lot of confusion about this emerging technology in the market today. Mapping out the GPU supply chain, layers of the tech stack, and various competitive landscapes can help investors better understand the ecosystem and make more informed investment decisions, says David Attermann, at M31 Capital.
SEC Chair Gary Gensler, Franklin Templeton CEO Among Those Named as 'Most Influential' in 2023
CoinDesk's Most Influential 2023 recognizes the people, who, for better or worse, defined the year in digital assets and Web3. 10 top honorees made an outsized impact and 40 more people were only a little less influential. "CoinDesk Daily" host Jennifer Sanasie takes a closer look at five of the names from the top ten list, which is not a ranking.